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COVID-19 AND COMMERCIAL REAL ESTATE IN SILICON VALLEY

COVID-19 is impacting all of us and is creating unique challenges for commercial real estate. NAIOP Silicon Valley is here to advocate, inform, and connect. Check back for latest updates and resources to help you navigate the quickly changing landscape.

April 1, 2020
Commercial Construction During the COVID-19 Shelter-in-Place Orders, presented on April 1 by the team at SSL Law, LLP, covered the updated March 30th County Orders and its impact to commercial real estate. Review the Top 10 takeaways to help you navigate the new Orders.

March 31, 2020
Bay Area Counties extend and update shelter-in-place orders to May 3, 2020, including an immediate impact to construction.
Santa Clara County Order
San Mateo County Order
Alameda County Order

March 27, 2020
President Trump signed the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) to provide critical relief as businesses and individuals strive to manage the economic challenges created by the COVID-19 pandemic. The bill includes, among other things, an aggressive loan program for small businesses, many of which are commercial real estate tenants. It is designed to help them meet their financial obligations and keep their employees on payrolls over the next few months. The loans, which are forgivable, will provide many of our tenants with needed liquidity to keep them operating during the crisis. NAIOP Corporate has been actively representing the industry on Capitol Hill. Read more.

March 17, 2020
NAIOP Silicon Valley and other California Chapters, comprising NAIOP California, unify under our California state lobbyists voice representing commercial real estate in ongoing decisions related to statewide Executive Orders.  Read More.